FT Vest Gold Strategy Quarterly Buffer ETF (BATS:BGLD) Stock Short Interest Drops 48.8%

FT Vest Gold Strategy Quarterly Buffer ETF (BATS:BGLD) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 46,974 shares, a decrease of 48.8% from the August 31st total of 91,793 shares. Based on an average daily trading volume, of 18,894 shares, the short-interest ratio is currently 2.5 days. Approximately 1.4% of the company’s stock are short sold.

FT Vest Gold Strategy Quarterly Buffer ETF Stock Down 0.9%

Shares of BGLD opened at $16.33 on Thursday. The firm’s 50 day moving average price is $16.85 and its 200 day moving average price is $16.93. FT Vest Gold Strategy Quarterly Buffer ETF has a twelve month low of $16.11 and a twelve month high of $25.34.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Cetera Investment Advisers lifted its stake in shares of FT Vest Gold Strategy Quarterly Buffer ETF by 39.9% in the 1st quarter. Cetera Investment Advisers now owns 137,825 shares of the company’s stock valued at $2,362,000 after purchasing an additional 39,297 shares during the last quarter. Arlington Capital Management Inc. increased its position in FT Vest Gold Strategy Quarterly Buffer ETF by 19.4% during the first quarter. Arlington Capital Management Inc. now owns 161,794 shares of the company’s stock worth $2,773,000 after buying an additional 26,300 shares during the last quarter. Compass Capital Corp MA ADV acquired a new position in FT Vest Gold Strategy Quarterly Buffer ETF during the fourth quarter worth $236,000. Finally, Harbour Investments Inc. raised its holdings in FT Vest Gold Strategy Quarterly Buffer ETF by 27.4% during the fourth quarter. Harbour Investments Inc. now owns 20,569 shares of the company’s stock valued at $352,000 after buying an additional 4,427 shares in the last quarter.

FT Vest Gold Strategy Quarterly Buffer ETF Company Profile

The FT Cboe Vest Gold Tactical Buffer ETF (BGLD) is an exchange-traded fund that is based on the SPDR Gold Trust index. The fund aims for specific buffered losses and capped gains on SPDR Gold Trust ETF over a specific holdings period. The fund invests in US treasury bills, cash-like instruments and FLEX options through a wholly-owned subsidiary. BGLD was launched on Jan 20, 2021 and is managed by First Trust.